Property summary
This exceptional 1,698± acre property, located in the desirable Paso Robles area of San Luis Obispo County, presents a unique investment opportunity. The Ted R. Cooper Ranch boasts a thriving, income-producing vineyard encompassing 140± acres planted with premium wine grape varietals including Cabernet Sauvignon, Merlot, Petite Sirah, Syrah, and Zinfandel. Currently under lease through 2026, this vineyard offers significant income potential. Beyond the vineyard, the ranch supports a cow/calf operation, benefiting from plentiful water resources including nine wells and an irrigation pond. The property features two residences: a 2,387± sq ft Spanish-style main home (built 1998, new roof 2023) with three bedrooms and three bathrooms, and a 2,370± sq ft manager's residence (built 1972, updated 2024) with four bedrooms and three bathrooms. Extensive outbuildings include a 2,402± sq ft barn with office, a 7,500± sq ft pole barn, a 5,612± sq ft equipment shop, and multiple storage sheds, all contributing to the operational efficiency of the ranch. The property is cross-fenced and includes working cattle pens and corrals. The ranch is conveniently located on Highway 41, approximately twenty-five minutes from downtown Paso Robles and twenty minutes from Atascadero, offering easy access to amenities and services. The property is zoned Ag and includes 270± acres enrolled in an Ag Preserve Contract. Property taxes for 2023/2024 were approximately $37,000. This turnkey operation presents a rare opportunity to acquire a highly productive and well-maintained agricultural property in a prime location. The property is subject to current groundwater regulations under the Sustainable Groundwater Management Act (SGMA).
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